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Fintech major Paytm asks merchants to snap ties with third-party platforms

The move comes at a time when other players, including PhonePe, Cashfree Payments, and Razorpay, made similar moves nearly two months ago

BHIM will continue to be sandbox or reference app: CEO Lalitha Nataraj

The latest version of BHIM 3.0 will be rolled out in phases to its customers, with the body planning a complete launch by April 2025

Fintech NBFCs sanctioned 83 mn loans in first 3 quarters of FY25: Report

It added that quarter-on-quarter (Q-o-Q) sanction value had declined by 15 per cent in the third quarter of FY25 (Q3FY25) compared to the previous quarter

Trillionloans Fintech secures 'IND BBB+' rating from India Ratings

The non-banking financial company (NBFC) plans to leverage BharatPe's merchant network with a base of over 18 million customers

Payments body PCI urges PMO to levy MDR on UPI, RuPay debit cards

If the proposal is accepted, nearly 90 per cent of India's 60 million UPI-accepting merchants will remain unaffected, as they fall under the small enterprise category

e-RUPI voucher issuance surged in February; redemption in slow lane

Only a fraction of the cumulative issued e-RUPI vouchers were redeemed, the data show

Prosus-backed fintech firm PayU buys 43.5% stake in Mindgate Solutions

The deal will allow PayU to expand into the real-time payment processing market, including the Unified Payments Interface (UPI)

WazirX parent verifies platform assets, liabilities before creditor voting

The independent assessors (IA) verified the existence, control, and quantity of the platform assets

UPI incentive cut worries industry again; calls for MDR grow louder

Industry's concerns surfaced after the government approved ₹1,500 crore in a scheme for the promotion of low-value BHIM-UPI transactions when made from peers to merchants

DLAI to rebrand itself to Unified Fintech Forum as it pursues its SRO bid

This is in response to the Reserve Bank of India's (RBI's) internal feedback on its bid for official SRO status, according to three sources from the fintech industry

Union Cabinet approves Rs 1,500 cr scheme to boost low-value BHIM-UPI txns

This is the first time the Centre has defined small and large merchants in the context of outlining BHIM-UPI incentives

NPCI's international arm partners with Singapore firm to expand UPI

UPI services will be expanded to more than 12,000 merchants in Singapore

Razorpay targets 1.5 lakh exporters on Amazon's Global Selling Platform

Since December last year, Indian merchants part of Amazon's Global Selling programme have been able to collect their global payouts using the company's offering for international bank transfers

Paytm Money receives Sebi approval to offer research analyst services

Paytm's share price rose 7.79 per cent, closing at Rs 742.45 on Tuesday on the Bombay Stock Exchange

WazirX partners with Zodia Custody as custodian ahead of creditor voting

The announcement comes at a time when creditors are tentatively scheduled to vote on the asset redistribution scheme between March 19 and 28

Documented fraud: How fake websites are scamming people worldwide

Since 2021, they have created 167,391 fake documents by creating websites that mimic common service centres (CSC), according to cybersecurity firm CloudSEK

Navi Mumbai Airport inauguration set for June after revised timeline

Adani Group Chairman Gautam Adani visited the NMIAL site on Sunday to review the progress of the project

Financial services adoption increases with more women participation

The survey was conducted across 10,000 agents in the country, recording financial transactions of women consumers

Flipkart-backed super.money joins top five UPI apps club: NPCI data

The Bengaluru-based fintech firm, which has been offering cashbacks on UPI transactions, overtook Cred, which processed 126.48 million the same month

AA ecosystem consent processing up 78% in FY25, shows Sahamati data

The average loan ticket size in the first half of FY25 was Rs 84,507, compared to Rs 92,086 since September 2021